
UK restructuring plans grow popular with foreign firms
Part 26A Restructuring Plans were introduced in 2020 in the UK as a powerful, court-approved mechanism for companies facing financial distress. Their defining feature is the cross-class cram

Part 26A Restructuring Plans were introduced in 2020 in the UK as a powerful, court-approved mechanism for companies facing financial distress. Their defining feature is the cross-class cram

Within a week of its election in early July 2024, the new government was shouting from the rooftops about its ambitious plans to address the UK’s housing crisis

The corporate insolvency statistics for July 2024 published by the Insolvency Service showed that it was another worryingly busy month for business failures, although it was quieter than

Decades of increasing globalisation and the dominance of ever more complicated multi-national corporate groups have meant that even quite small and otherwise straightforward UK businesses have international relationships

Trade has grown increasingly global in recent decades, generating greater volumes of cross-border issues. Some of these inevitably need resolving through some form of restructuring or insolvency process.